Naresh Goyal wins 'Star of Asia' Award

Close on the heels of bagging the Economic Times ‘Emerging Company of the Year’ award Mr. Naresh Goyal, Chairman, Jet Airways has now also bagged the ‘Star of Asia’ award instituted by the Business Week a leading magazine published from United States of America, Europe and Asia.

Along with Mr. Naresh Goyal, Founder–Chairman of Jet Airways India Limited other Indians who won the award are ICICI Bank chief executive KV Kamath, Council for Scientific and Industrial Research (CSIR) director general R Mashelkar and Petroleum Minister Mani Shankar Aiyar.

The Indians are among the 25 Asians who were presented the award ‘Stars of Asia’ in a glittering function in Beijing, China, on November 16, 2005 by Mr. George Bush, former President of the United States.

On winning this honour, Mr. Goyal said, “It is truly rewarding to be recognized in the category of Global Managers, with so many Asian business houses emerging as global conglomerates. I owe this to each and every member of our staff and colleagues in junior, middle and senior Management levels, whose dedication, hard work, focus on the Customer and passion for service excellence, have given life to our vision.”

Other Asians who won the honour are Chen Tianqiao, Founder and Chief Executive, Shanda Interactive, China; Katsuhiko Machida, President, Sharp Corp., Japan; Katsuaki Watanabe, President, Toyota Motor Corp., Japan; Yin Yimin President, ZTE Corp., China and Ho Kwon Ping, Founder and Chairman, Banyan Tree Holdings, Singapore.

KV Kamath was recognized in the category of Financiers, R Mashelkar in the category of Innovators and Mani Shankar Aiyar in the category of Agenda Setters.

Naresh Goyal has had over 37 years of experience in the Civil Aviation industry. He is the recipient of several national and international awards. Some of them are ‘Entrepreneur of the Year Award for Services’ from Ernst & Young and also ‘Distinguished Alumni Award-2000 for meritorious and distinguished performance as an Entrepreneur’ and also the ‘most respected company in the travel and hospitality sector’.

Other awards conferred on Mr. Goyal include the ‘Outstanding Asian-Indian’ award for leadership and contribution to the global community given by the Indian American Centre for Political Awareness, ‘Aerospace Laurels’ for outstanding contribution in the field of Commercial Air Transport twice, in April 2000 and February 2004. Recently he received the citation of ‘Emerging Company of the Year’ award of the Economic Times for Corporate Excellence.

Mr. Goyal was elected to the Board of Governors of the International Air Transport Association (IATA), at its 60th Annual General Meeting held in Singapore in early June 2004. As part of the 31-member Board Mr. Goyal will serve a two-year term until the close of IATA’s 62nd AGM in June 2006. This is the first time that the chairman of a private airline of India has been elected to IATA’s Board of Governors.

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